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Will the Showdown in Chicago Live Up to Progressive Hype?

By   Follow Me on Twitter     Message Kevin Gosztola       (Page 3 of 4 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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He continued, "When the American Bankers Association (ABA) is a roadblock they will need to get out of the way. And, the ABA must stop opposing the Consumer Financial Protection Agency."

"When they are doing the wrong thing, they must stop," Pierce said, "We need new regulations to make bank and capital work for us rather than the other way around."

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Finally, "We will see a stronger Community Reinvestment Act." And, "our last achievement will be to break up the banks."

A call to action was delivered and then a few individuals sang a gospel song as those who had been at the opening round marched out of the hotel and headed over to an ABA party being held at the Sheraton Hotel.

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The banksters party was a Roaring Twenties Big Band gala. Either the American Bankers Association unintentionally made this tone deaf decision or they are completely insensitive to the plight of the common man.

That the banksters would evoke memories of a period when banks created an economic climate similar to the one we live in today shows that they see poor, lower class, and working class Americans as a bewildered herd of consumers that can be exploited however they choose to regardless of laws or regulations.

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A small group crashed the party but, in an instance ripe for civil disobedience action, the group left the hotel after being confronted by police instead.

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Kevin Gosztola is managing editor of Shadowproof Press. He also produces and co-hosts the weekly podcast, "Unauthorized Disclosure." He was an editor for OpEdNews.com

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